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Topic: Economy of Swaziland


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In the News (Fri 25 Jul 08)

  
  MapZones.com : Swaziland Economy   (Site not responding. Last check: 2007-10-09)
The nation's economy is tied to that of South Africa through trade and currency links, and can rise or fall depending on the fortunes of its large neighbor.
Nevertheless, the dual economy persists, and the formal employment area is unable to absorb the annual increment of new workers generated by the nation's high population growth rate.
Labour relations in the nation are at an embryonic stage, with a generally fragmented trade union movement pitted against a longer-accomplished employers' association and with the government endeavouring to act as referee and arbiter.
www.mapzones.com /world/africa/swaziland/economyindex.php   (623 words)

  
 SWAZILAND FACTS AND INFORMATION   (Site not responding. Last check: 2007-10-09)
The Kingdom of Swaziland is a small country in southern_Africa (one of the smallest on the continent), situated on the eastern slope of the Drakensberg mountains, embedded between South_Africa in the west and Mozambique in the east.
Swaziland offers a wide variety of landscapes, from the mountains along the Mozambican border to savannas in the east and rainforest in the northwest.
Surrounded by South_Africa, except for a short border with Mozambique, Swaziland is heavily dependent on South Africa from which it receives nine-tenths of its imports and to which it sends more than two-thirds of its exports.
www.livingflowers.com /Swaziland   (803 words)

  
 The Swaziland Environment Action Plan (SEAP)   (Site not responding. Last check: 2007-10-09)
The economy of Swaziland is closely tied to that of South Africa, not only by virtue of its close proximity, but also by virtue of its membership in the South African Customs Union (SACU), from which Swaziland derives roughly half of its government revenues, and the Common Monetary Area (CMA).
Approximately 80% of Swaziland's imported and 60% of its exports are with South Africa.
Swaziland consists of a traditional subsistence sector and a modern, capital-intensive sector, which is largely foreign controlled.
www.ecs.co.sz /seap/projects_seap_chapter3.htm   (450 words)

  
 Swaziland -> Economy on Encyclopedia.com 2002   (Site not responding. Last check: 2007-10-09)
Le roi du Swaziland, Mswati III, le 2 septembre à Johannesbourg Le roi du Swaziland, Mswati III, a choisi une jeune femme.
Le roi du Swaziland Mswati III, lors d'une fête de l'indépendance en 1988 à Mbabane Le roi Mswati III du Swaziland s'est r.
A 34 ans, le roi du Swaziland, Mswati III, a choisi une jeune femme de 18 ans pour devenir sa dixième femme, obligeant ce.
www.encyclopedia.com /html/section/Swazilan_Economy.asp   (599 words)

  
 Swaziland (08/05)
Swaziland has been without a Court of Appeals since the court’s resignation en masse in December 2002 in protest of the government’s refusal to abide by the court’s decisions in two important rulings.
Swaziland, Lesotho, Namibia, and South Africa also are members of the Common Monetary Area (CMA) in which repatriation and unrestricted funds are permitted.
Swaziland is a member of the United Nations, the African Union (formerly the Organization of African Unity--OAU), Common Market for Eastern and Southern Africa (COMESA), and Southern African Development Community (SADC).
www.state.gov /r/pa/ei/bgn/2841.htm   (3070 words)

  
 The Economy   (Site not responding. Last check: 2007-10-09)
Swaziland's agri-oriented economy has performed sluggishly during the past decade and by 2000/1 growth was just 2.5% against the revised figure of 3.7% the previous year.
Swaziland is a member of SADC, an association of 11 Southern African states, whose objective is to sustain regional collaboration in order to promote economic growth and improve general conditions for the various populations.
Swaziland is a founder member of WTO was established on 1 January 1995 to replace the General Agreement on Tariffs and Trade (GATT).
www.swazibusiness.com /sbyb_new/economy.html   (1565 words)

  
 Swaziland. The Columbia Encyclopedia, Sixth Edition. 2001-05
Swaziland is cut by four major river systems, which have vast hydroelectric potential and are increasingly used for irrigation.
Swaziland’s mineral resources include asbestos, coal, clay, and diamonds; stone quarrying is also important.
During the 1800s, Europeans entered the area to seek concessions, and in 1894, Swaziland became a protectorate of the Transvaal.
www.bartleby.com /65/sw/Swazilan.html   (721 words)

  
 Business Year Book - 04
The economy was undermined by various negative trends, including the world economy slipping towards a recession, fluctuations in international commodity prices, climatic conditions, reduced world demand for primary commodities and the closure of certain companies within the country.
Swaziland's economy is closely integrated with that of South Africa, which accounts for about 85% of local imports, including consumer and petroleum products.
Swaziland is a founder member of WTO which was established on 1 January 1995 to replace the General Agreement on Tariffs and Trade (GATT).
www.swazibusiness.com /sbyb/sbyb2003/index.php?f=04   (1651 words)

  
 Economy - Swaziland - Africa
The country's economy is tied to that of South Africa through trade and currency links, and can rise or fall depending on the fortunes of its large neighbor.
Swaziland has large reserves of anthracite coal, which with asbestos form the country's mineral exports.
Swaziland has 294 km (183 mi) of railroads, linking it to the ports of Maputo in Mozambique and Richard's Bay and Durban in South Africa.
www.countriesquest.com /africa/swaziland/economy.htm   (337 words)

  
 ECONOMY-SWAZILAND: Loosening the Reins on Mineral Resources
Ironically, the hold that mineral resources have on the national imagination is not equaled by their contribution to the economy.
Once Swaziland's only foreign export, mineral sales accounted for just 0.8 percent of gross domestic product in 2002, the last year for which figures were available.
Swaziland's gold deposits were largely depleted in the nineteenth century, while diamond production ended in 1997.
www.ipsnews.net /africa/interna.asp?idnews=22901   (841 words)

  
 Country Commercial Guide FY2002: Swaziland   (Site not responding. Last check: 2007-10-09)
Swaziland is unusual among African countries in that the vast majority of the Kingdom's population belongs to the same ethnic group.
The government of Swaziland prides itself on its interpretation of representative government which it identifies as "Tinkhundla." This is a system of local government organization which allows for regional and local representatives nominated by the people to be their spokespersons to the regional administrators.
Swaziland is in transition from the intellectual property rights regime inherited from the colonial era, under which copyrights, patents, and trade markets were more or less protected under various acts promulgated by the colonial authorities.
www.world-digest.com /Guides/wz   (11101 words)

  
 World Association for Christian Communication
Swaziland is a very small country of less than one million people with a total land area of just about 17,500 square kilometres.
The structure of the Swazi economy at independence was that of a high degree of openness, significant economic progress with high rates of real growth in GDP and exports and a close linkage to the South African economy.
Swaziland enjoyed a high rate of economic growth in the 1980s mainly because of the sanctions against apartheid South Africa that forced many investors to move to Swaziland But with the end of apartheid and the lifting of sanctions against South Africa, the tables seemed to turn against Swaziland.
www.wacc.org.uk /wacc/publications/media_development/archive/2001_2/the_politics_of_press_freedom_and_the_national_economy_in_swaziland   (4341 words)

  
 Swaziland - Economy
The economy is based on agriculture - subsistence agriculture occupies more than 60% of the population - and the agro-industry.
Although Swaziland is a middle-income country with a per capita GDP of US$1,340, adult per capita consumption for the poorest 40 per cent of its population is equivalent to US$230.
Sugar is Swaziland's highest export earner and accounts for 51 per cent of total agricultural production, 24 per cent of GDP, 13 per cent of total exports and 57 per cent of foreign exchange earnings.
www.iss.co.za /AF/profiles/Swaziland/Economy.html   (665 words)

  
 Welcome to the home page of the Government of Swaziland
The Kingdom of Swaziland is a small landlocked country located in southern Africa and bordered by Mozambique and the Republic of South Africa.
Swaziland has a total land area of 17364 square kilometres and a population of 980,722 (Census, 1997) with an annual growth rate of 2.9%.
Swaziland's major institutions for agricultural development are the Ministry of Agriculture and Cooperatives and its parastatals as well as a number of non-governmental organisations.
www.gov.sz /home.asp?pid=55   (827 words)

  
 Economy of Swaziland   (Site not responding. Last check: 2007-10-09)
She is also party to a number of international and regional trade agreements which place local exporters in an advantageous position.
Individual tenure farms are predicted to realise low growth rates of between 1% and 2.7% due to lack of scope for increased acreage and higher yields.
Swaziland is a member of the Common Monaetary Union, an agreement which links the Lilangeni to the South African Rand.
www.magma.ca /~mali/swaziland/economy.htm   (407 words)

  
 Swaziland’s economy also threatened by China
Swaziland's burgeoning garment industry is under threat as a result of the World Trade Organisation's (WTO) elimination of quotas for clothing and textile exports to the US on 1 January 2005.
The Swaziland Federation of Trade Unions secretary-general, Jan Sithole, said that Swaziland’s textile industry is reeling under a double blow: the end of quota restrictions on Asian exporters to the US, as well as the strengthening of the South African Rand - to which the Swazi Lilangeni is linked - against the US dollar.
Three of the five categories are in areas of Swaziland's top four clothing exports, in terms of volume, Dlamini noted, so there could be a "realigning of the provisions being negotiated [by] the Southern Africa Customs Union free trade area with the US government, to take into account the impact of the lifting of quotas".
www.tralac.org /scripts/content.php?id=3323   (544 words)

  
 swa007 Political unrest bruises already ailing Swaziland economy
Swaziland's Chamber of Commerce and Industry executive secretary Sibusiso Sibandze confirmed on Friday that investors had warned they were holding back on plans for new factories and other ventures because of increasing civil unrest and government's apparent inability to address public concerns.
Swaziland is desperately gearing for the loss of Southern African Customs Union revenue receipts when the union is dissolved as part of regional trade tariff reform.
The US has already excluded Swaziland from trade benefits under the recently passed Africa Growth and Opportunity Act and is threatening to expel the country from the Generalised System of Preferences unless it amends its industrial laws by year-end.
www.afrol.com /News/swa007_bruises_economy.htm   (780 words)

  
 "); NewWindow.document.write("IRINnews"); NewWindow.document.write("   (Site not responding. Last check: 2007-10-09)
AGOA stimulated the economies of sub-Saharan African countries as foreign investers established themselves in the textile sector in a bid to take advantage of AGOA and sidestep quota restrictions on exports from countries like China and India to the US.
The Swaziland Federation of Trade Unions secretary-general, Jan Sithole, told IRIN that the end of quota restrictions on Asian exporters to the US, as well as the strengthening of the South African Rand - to which the Swazi Lilangeni is linked - against the US dollar, had negatively affected the local textile industry.
Sipho Mamba, secretary-general of the Swaziland Manufacturing and Allied Workers Union, said the clothing and textile sector had become increasingly important to Swaziland's economy.
irinnews.org /report.asp?ReportID=45138&...&SelectCountry=SWAZILAND   (978 words)

  
 Welcome to Africa Online (Swaziland)   (Site not responding. Last check: 2007-10-09)
Business Swaziland is presently the combined force of the Swaziland Chamber of Commerce & Industry (SCCI) and the Federation of Swaziland Employers (FSE) which represent the majority of Business in Swaziland whether it be in terms of capitalisation or employment.
Spintex Swaziland (Pty) Ltd was established in 1991 as a spinning mill.
The Association of The Swaziland Business Community was formed after various business people from the Swazi community had met and discussed in depth the need for Swazis to have an organisation to represent them and cater for their needs in the economic sphere.
www.swazinews.co.sz /commerce   (325 words)

  
 Swaziland biography .ms   (Site not responding. Last check: 2007-10-09)
After the South African War of 1899-1902, Swaziland became a British protectorate.
Prime Minister Themba Dlamini has declared a humanitarian crisis due to the combined effect of drought and land degradation, increasing poverty and HIV/Aids.
The United Nations special envoy on AIDS Stephen Lewis said “Swaziland stands alone with the world's highest rate of HIV infection after nearby Botswana made headway against the deadly pandemic.”
swaziland.biography.ms   (637 words)

  
 Swaziland
Swaziland, which is about 85% the size of New Jersey, is surrounded by South Africa and Mozambique.
South Africa held Swaziland as a protectorate from 1894 to 1899, but after the Boer War, in 1902, Swaziland was transferred to British administration.
Swaziland: Bibliography - Bibliography See C. Potholm, Swaziland: The Dynamics of Political Modernization (1972); B. Swaziland: History - History The ancestors of the Swazi probably moved into the Mozambique area from the north prior to...
www.infoplease.com /ipa/A0108004.html   (737 words)

  
 afrol News - Overspending "threatens" Swazi economy
During the first years of this millennium, the Swazi economy actually had performed relatively well, with real GDP growth rates between 1.7 and 3.6 percent each year.
A strengthening of governance was seen as "crucial" for ensuring the implementation of economic reforms and for "attracting donor and investor support." The IMF especially emphasised "the importance of strengthening the rule of law and improving fiscal transparency and accountability in order to ensure that the announced fiscal objectives are in fact achieved."
Although Swaziland is experiencing a far-reaching humanitarian crisis due to extremely high rates of HIV/AIDS, unemployment, poverty and food shortages, donors have lend little support to the Kingdom.
www.afrol.com /articles/12793   (656 words)

  
 An MBendi Profile: Swaziland - Overview   (Site not responding. Last check: 2007-10-09)
Swaziland has a free market economy which is dominated by the private sector.
Swaziland is landlocked and the economy is heavily dependent on South Africa from which it receives 83% of its imports and sends 74% of its exports.
No customs or excise tariffs are applicable on goods originating from the SACU as Swaziland is a member of the SACU and customs duties are levied at the first port of entry into the Common Customs Area.
mbendi.co.za /cyswcy.htm   (539 words)

  
 ECONOMY-SWAZILAND: A White Elephant for Those Jumbo Jets? By James Hall   (Site not responding. Last check: 2007-10-09)
The two commercial air carriers that currently service Swaziland say they have no intention of relocating to the small eastern community of Sikhupe, where the airport is being built.
Sikhupe is located near Swaziland's largest game park, Hlane, as well as the Mkhaya facility where a number of endangered animals are housed.
Airport renovation and construction is clearly the order of the day in a number of African countries, though - witness Kenya's intention to rehabilitate its aging national airport near the capital, Nairobi, and the opening of an expansive glass and steel terminal in the Ethiopian capital, Addis Ababa.
www.chasque.apc.org /ips_eng/notas/2004/09/13/23:51:51.html   (947 words)

  
 SWAZILAND: Record national debt as govt spends on prestige projects - Southern Africa | economy
The deficit also equals the amount of loans and grants acquired by Swaziland from foreign donors and lending institutions this past year, according to a report compiled by former prime minister Sibusiso Dlamini, but released last week.
Swaziland had negligible deficits before 1999/2000, when King Mswati embarked on a series of high-value "Millennium Projects".
"Of particular concern [about government's role in the economy] in recent years have been weaknesses in fiscal transparency and accountability, the slow pace of legislative change, and lapses in the rule of law," said the IMF report.
www.warmafrica.com /index/geo/3/cat/5/a/a/artid/446   (664 words)

  
 "); NewWindow.document.write("IRINnews"); NewWindow.document.write("   (Site not responding. Last check: 2007-10-09)
Street vendors of fruits and used clothes, hair cutters working under trees in city parks, and boys washing cars at stream beds - people at the margins of the economy - are now being taken seriously as a route for semi-skilled workers to become entrepreneurs.
While concerted efforts to lure foreign investment to the kingdom has resulted in new factories that have reduced the unemployment figure from last year's historic high of 45 percent, for many Swazis the desire for a job cannot be met by limited opportunities in the formal sector.
The mayors of Swaziland's 11 towns and cities have AMICAALL community coordinators attached to their municipal staff to consider business projects, and to assist entrepreneurs with funding applications.
www.irinnews.org /report.asp?ReportID=29924   (1167 words)

  
 History of SWAZILAND   (Site not responding. Last check: 2007-10-09)
The South Africa Act of 1909, creating the Union of South Africa, envisages that Swaziland will eventually be incorporated within its large and powerful neighbour.
By the 1960s the economy of Swaziland is making considerable progress, with the export of wood from the densely forested mountainous area in the west and of sugar from plantations in the more low-lying eastern regions.
He retains the outward form of government by prime minister and cabinet, but as with his 18th-century predecessors all these officials are appointed by the king.
www.historyworld.net /wrldhis/PlainTextHistories.asp?historyid=ad30   (598 words)

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